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Original filing (PDF)20250625104726NAL0011393824003
BLACK HILLS CORPORATION
Form 5500
FILING_RECEIVED
BLACK HILLS CORPORATION 401(K) RETIREMENT SAVINGS PLAN
401(k) retirement plan
Signals · 2
No recordkeeper disclosed6 service providers
Active participants
2,830
Accounts w/ balance
3,669
Plan assets (EOY)
$811.2M
Net assets (EOY)
$811.2M
How this plan invests
This plan
13 pooled trusts
Schedule D
25 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
98
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
100
Vendor stack
80
Participation health
100
Knocking points off
- No recordkeeper disclosed on Schedule C.
Helping the score
- Below-peer total fees (2 bps vs 6 bps peer median).
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for BLACK HILLS CORPORATION.
Plan sponsor
Name
BLACK HILLS CORPORATION
EIN
46-0458824
Address
PO BOX 1400 · RAPID CITY, SD · 57709
Phone
(605) 721-1700
Industry
Utilitiessee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
003
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-06-25
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2R · Participant-directed brokerage (SDBA)
2S · Automatic enrollment
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
3F · Sponsor used leased employees
Audit & trust (Schedule H)
Auditor
DELOITTE & TOUCHE, LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
6 rowsOther
6| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES INC | 34-1479833 | — | NONE | $124K | — |
| AVANTAX PLANNING PARTNERS INC | 42-1447865 | — | NONE | $17K | — |
| THOMPSON HINE LLP | 34-0575300 | — | NONE | $14K | — |
| CHARLES SCHWAB & CO., INC | 94-1737782 | — | NONE | $11K | — |
| OPTIMA CAPITAL MANAGEMENT LLC | 84-3178156 | — | NONE | $9K | — |
| FINANCIAL ENGINES ADVISORS LLC | 77-0473565 | — | NONE | $5K | — |
Investments
12 direct securities · 13 pooled funds· $799.6M(99% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Common Collective Trust
$472.5M
13 holdings
Uncategorized
$327.1M
12 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| VANGUARD INSTL INDEX INSTL PL Registered Investment Company | — | — | — | $129.7M | 16.0% | |
| VFTC TARGETT RET 2045 TR I VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-6083973 / PN 001 | Common Collective Trust | — | — | $78.6M | 9.7% | |
| VFTC TARGETT RET 2035 TR I VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-6083977 / PN 001 | Common Collective Trust | — | — | $69.3M | 8.5% | |
| VFTC TARGETT RET 2040 TR I VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-6083975 / PN 001 | Common Collective Trust | — | — | $64.1M | 7.9% | |
| VFTC TARGETT RET 2030 TR I VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-6083979 / PN 001 | Common Collective Trust | — | — | $56.6M | 7.0% | |
| VFTC TARGETT RET 2050 TR I VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-6083969 / PN 001 | Common Collective Trust | — | — | $50.9M | 6.3% | |
| VANGUARD EXTENDED MKT IDX INST Registered Investment Company | — | — | — | $50.8M | 6.3% | |
| VFTC TARGET RET 2025 TR I VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-6083981 / PN 001 | Common Collective Trust | — | — | $48.1M | 5.9% | |
| PCRA Self-Directed Brokerage Account | — | — | — | $36.3M | 4.5% | |
| VANGUARD TOTAL INTL STK INSTL Registered Investment Company | — | — | — | $35.7M | 4.4% | |
| VFTC TARGETT RET 2055 TR I VANGUARD FIDUCIARY TRUST COMPANY · EIN 27-6715074 / PN 001 | Common Collective Trust | — | — | $34.5M | 4.2% | |
| VANGUARD TOTAL BD MKT IDX INST Registered Investment Company | — | — | — | $28.2M | 3.5% | |
| INVESCO STABLE VALUE TRUST INVESCO TRUST COMPANY · EIN 84-1142974 / PN 001 | Common Collective Trust | — | — | $26.4M | 3.3% | |
| VFTC TARGET RET 2020 TR I VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-6083983 / PN 001 | Common Collective Trust | — | — | $18.4M | 2.3% | |
| VFTC TARGETT RET 2060 TR I VANGUARD FIDUCIARY TRUST COMPANY · EIN 45-3799212 / PN 001 | Common Collective Trust | — | — | $15.6M | 1.9% | |
| BLACK HILLS COMPANY STOCK Employer Securities | — | — | — | $14.7M | 1.8% | |
| VANGUARD INFL PROTECTED SECSIN Registered Investment Company | — | — | — | $14.6M | 1.8% | |
| PARTICIPANT LOANS (4.25% -9.50 %) | — | — | — | $10.1M | 1.3% | |
| VGD TARGET RET INCOME GROWTH I VANGUARD FIDUCIARY TRUST COMPANY · EIN 87-6418227 / PN 001 | Common Collective Trust | — | — | $7.4M | 0.9% | |
| VANGUARD REAL ESTATE INX INSTL Registered Investment Company | — | — | — | $7.0M | 0.9% | |
| VFTC TARGETT RET 2065 TR I VANGUARD FIDUCIARY TRUST COMPANY · EIN 82-6190443 / PN 001 | Common Collective Trust | — | — | $2.4M | 0.3% | |
| VFTC TARGETT RET 2070 TR I VANGUARD FIDUCIARY TRUST COMPANY · EIN 87-7035538 / PN 001 | Common Collective Trust | — | — | $286K | <0.1% | |
| SCHWAB US TRSY MONEY INV Money Market / Cash Equivalent | — | — | — | $23K | <0.1% | |
| CASH | — | — | — | $11K | <0.1% | |
| LIMITED PARTNERSHIP Limited Partnership | — | — | — | $2K | <0.1% |